The most profitable employees in the state-own energy companies
Over 60,000 employees work in energy companies subordinated to the Government. Almost half of these companies ended 2014 with losses,…
ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
Conpet generated last year net gains of over 54 million lei
Conpet obtained last year a net profit of 54.2 million RON, up 5.6% compared to the gain recorded in 2014,…
Daniel Apostol, ROPEPCA: Raising Conpet transport tariff affects the oil sector
Conpet state company, oil pipeline operator for crude oil transportation, could increase the fee by a 1.41% rate for services…
R. Nicolescu: Lack of competence in managing the state companies will not be accepted anymore
Romanian minister for Energy Razvan Nicolescu presented a review of its mandate objectives to representatives of the energy industry in…
NIS Gazprom Neft engagement in Pitești-Pancevo pipeline project, under Dept. of Energy scrutiny
Department of Energy analyzes the participation of NIS Gazprom Neft – a Serbian company owned by the Russian group Gazprom…
FP wants higher dividends from Conpet and to exclude Nuclearelectrica from Tarnița and subsurface power cable
Property Fund (FP) proposes to Conpet shareholders to distribute a bigger dividend for 2013, and the allocation of additional 70…
New Directors for Hidroelectrica, Elcen and Conpet
Hidroelectrica’s administrator appointed a new Chief Financial Oficer (CFO), Gabriela Mihăilescu, a former Deputy Executive Director of OTP Bank, replacing…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
Fondul Proprietatea will sell at least 4% more of OMV Petrom for a minimum of 216 mln. euro
###author### Fondul Proprietatea will possibly sell more than 4% of OMV Petrom, a similar transaction at the end of last…
Government Emergency Ordinance for upgrading Conpet’s pipelines
Some investment done by Conpet Ploiești are blocked because the company refuses to pay the fees required by administrators of…
Conpet net earnings surpassed 8 million euros last year
Conpet Ploiești made in 2013 a net profit of over 37 million lei (8.4 million euros), up by 21.1% over…
Conpet Enters BSE’s First Category to Finance Its Pitesti-Pancevo Pipeline
For the shareholders of Conpet, the company’s listing on the first tier of the Bucharest Stock Exchange (BSE) is a…
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